The US Securities and Exchange Commission voices concerns about Alibaba´s sprawling business empire, and the way its accounting is organized. But also investors are concerned, tells business analyst Shaun Rein in the Financial Times. Read More →
Facebook is trying to copy many elements from Tencent´s WeChat, but has a hard time in overtaking the dynamic Chinese service, says innnovation expert William Bao Bean at MumBrella.”“WeChat – whether they’re good or bad – the bottom line is they are about 18 months ahead of Facebook.”Read More →
Macau tries to stay relevant by opening six new multi-billion hotels this year alone. But business analyst Shaun Rein wonders whether that is the right strategy. Bigger is not always better, he tells the South China Morning Post.Read More →
Procter&Gamble launched a global campaign for SK-II skincare also in China, inadvertently getting mixed up in the “left-over women” issue. Unmarried Chinese women in their late-twenties are under heavy pressure to find a husband. Retail analyst Ben Cavender explains the background at CNN Money.Read More →
Shanghai Disney has appointed three honory ambassadors for its park, actress Sun Li, pianist Lang Lang and former NBA basketball player Yao Ming better promote itself as a family-friendly attraction. A sign it does not only want to attract kids, but also adults, says business analyst Ben Cavender to the China Daily.Read More →
The Chinese insurer Anbang got quite some attention with efforts to purchase the Waldorf Astoria (US$1.9 billion), Blackstone (US$6.5 billion) and Starwood (US$14 billion). Worries that Anbang cannot meet its obligations are overblown, tells business analyst Shaun Rein to the BBC.Read More →
Sales of living Chinese artists at auctions dropped with almost half in 2015, reports the Hurun Art List 2016 this week. Causes: a slowing economy and the anti-corruption drive, tells Hurun chairman Rupert Hoogewerf to AFP.Read More →
Shanghai-based business analyst Shaun Rein, author of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia, will spend, most of July at the American east coast, and is available for speeches. For clients in the US that will be considerable cheaper, since he does not have to fly in from Shanghai.Read More →
Apple has presented its iPhone SE, a cheaper model of earlier iPhones. For the China market, such a more might not be good, says business analyst Shaun Rein to Reuters. They might be copying earlier mistakes on this competitive market.Read More →
Trust and clean air are key, and Australia and New Zealand could even get more Chinese buyers to their countries if they play their cards right, says business analyst and author Shaun Rein to the Australian Financial Review. The visa process is vital.Read More →
Today China celebrates the World Consumer Day with the traditional naming and shaming of companies who have – according to the TV program – let down their consumers. But the effect of the show, once compulsory for fearful foreign executives, is slowly beginning to lose its luster, says retail expert Ben Cavender to Bloomberg.Read More →
Getting a Chinese defense company at an exhibition would be awkward, since they were not prepared to give any information, not even to customers, writes defense analyst Wendell Minnick at Defense News. At the latest Singapore Airshow they improved, but only slightly.Read More →